$1,950,000
-$150,0001152 W 88th Street, Los Angeles CA 90044
Multi-Family (10 Units)
Property type
226 days
On market
$303
Price per sqft
N/A
Garage
1936
Year built
9,659 sqft
Lot size
Open Houses
Overview
We are proud to present 1152 W 88th St, a well-located 10-unit multifamily community in Los Angeles, priced attractively at a 9.01% CAP and 7.73 GRM on current rents, with significant upside potential to achieve an 10.70% CAP and 6.78 GRM upon stabilization. Nestled just south of Manchester Ave and west of Vermont Ave, this property offers excellent connectivity with close...
Listing provided by: Casey Lins DRE #01902650 714-333-6768, Kidder Mathews of California, Inc., Vincent Cook DRE #02012324 213-225-7222, Kidder Mathews of California, Inc
Listing updated: Mar 30, 2026 at 03:54pm.
Last checked: Jun 5, 2026 at 12:31am
Source: CRMLS #25609415
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 1 | — | $1,600 | $1,600 | $2,395 | Unfurnished |
| 1 | 2 | 1 | — | $1,900 | $2,485 | $2,395 | Unfurnished |
| 1 | 2 | 1 | — | $2,450 | $2,450 | $2,395 | Unfurnished |
| 1 | 2 | 1 | — | $2,450 | $2,450 | $2,395 | Unfurnished |
| 1 | 2 | 1 | — | $2,450 | $2,450 | $2,395 | Unfurnished |
| 1 | 2 | 1 | — | $2,716 | $2,716 | $2,395 | Unfurnished |
| 1 | 2 | 1 | — | $2,000 | $2,000 | $2,395 | Unfurnished |
| 1 | 2 | 1 | — | $1,444 | $1,444 | $2,395 | Unfurnished |
| 1 | 2 | 1 | — | $2,000 | $2,000 | $2,395 | Unfurnished |
| 1 | 2 | 1 | — | $2,000 | $2,000 | $2,395 | Unfurnished |
# of Buildings: 2
# of Units Total: 10
Rent Control: Yes
Financial Snapshot
Gross Rent Multiplier
7.7x
List Price / Annual Gross Rent
Cap Rate
9.01%
NOI / List Price
Vacancy Allowance Rate: 3%
Net Operating Income: $175,783
Interior
Cooling: None
Heating: Wall Furnace
Exterior
Property Attached: Yes
Stories Total: 2
Levels: Two
Common Walls: One Common Wall
Garage and Parking
Parking: Driveway
Parking Total: 2
Lot Information
Land Lease: No
Parcel #: 6047009022
Additional Parcels: No
Zoning: LCR320U*
Lot Size Dimensions: 63x152
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 1152 W 88th Street, Los Angeles, CA 90044. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,560,000
Total Interest
$1,989,694
Total Payment
$3,549,694
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$12,042
per month
Property History for 1152 W 88th Street
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90044.
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